If You've Got Gold, You've Got Money!
There Are No Temporary Measures, Just Permanent Lies by Mish for Money Maven The Fed announced today that it will buy junk bonds. This exceeds its legal authority. Supposedly, it’s temporary. Under guise of virus support, the Fed Will Buy...
No WSJ, Gold is Not the New Unobtanium: Where to Buy? by Mike Shedlock / Money Maven The Wall Street Journal discusses an alleged epic shortage of gold calling it ‘Unaffordium and unobtanium’. Unaffordium and Unobtanium Please consider Coronavirus Sparks...
Fed Fires Bazooka of New Unlimited Market Interventions, Gold Soars by Mike Mish Shedlock The Fed fired an array of new market measures this morning. The Market rallied then had second thoughts. The Fed hopes to unclog corporate and municipal...
Trump Nominates Gold Advocate Judy Shelton for the Fed by Mike Mish Shedlock for The Money Maven Trump nominated Judy Shelton, a gold standard advocate, for the Fed. She faces an uphill battle. Could Trump’s Next Fed Chair Be A...
277 People a Day Leave New York byMish New Yorkers are fleeing the state in droves due to high taxes. The result is an overabundance of homes few can afford. Bloomberg reports Manhattan’s Flood of New Condos Could Take Six...
Gold: How High in 2020? by Mike Mish Shedlock for Money Maven Gold broke out of a six year consolidation. Things look up in 2020. Gold Monthly Chart 2004-Present Gold Monthly Chart 2010-Present Smart Money Shorts I ignore short-term COT...
How Does Gold React To Interest Rate Policy Authored by Mike Shedlock via MishTalk, From 1970 to present let’s investigate how gold reacted to various interest rate environments. A reader asked to see a chart of gold vs “real” interest...
Pondering the Collapse of the Entire Shadow Banking System by Mike Mish Shedlock for The Money Maven What’s behind the ever-increasing need for emergency repos? A couple of correspondents have an eye on shadow banking. Shadow Banking The shadow banking...
Nixon Shock, the Reserve Currency Curse, and a Pending Dollar Crisis by Mish for Money Maven Many problems today including deficit spending, trade deficits, and income inequality have their roots in 1971. Nixon Shock A reader asks “What Forced Nixon to...
Trump’s Unwinnable Trade War: Gold Explains Why by Mike Shedlock for Money Maven Trump wants to cure trade imbalances via tariffs. It cannot possibly work. Another Look at NAFTA One of my readers proposed that problems US balance of trade...
Technically Speaking, Bitcoin Ripe for Major Move: Which Way? by Mike Mish Shedlock for Money Maven Bitcoin has been consolidating for months. Generally, and technically speaking, this suggests a big move is coming. I have no position in Bitcoin and...
Banana Republic Fully Exposed / Propaganda Is Norm: Editorial Mistake My A**: New York Times Made Numerous Serious Judgment Errors by Mike Mish Shedlock for Money Maven As details emerge in the New York Times Kavanaugh scandal, it’s very clear...
Gold is Not a Function of the US Dollar Nor is Gold an Inflation Hedge by Mike Mish Shedlock for Money Maven Swings in the US dollar have no long-term impact in the price of gold. Nor is gold an...
Gold’s Surge Is A Message: Central Banks Are Out Of Control, Not Inflation by Mike Mish Shedlock for Money Maven Gold blasted through the $1500 level this week. Let’s analyze the message. Here’s a hint: The message isn’t inflation. The...
